Insurance dispute lawyer

A lawsuit over the $500,000 life insurance policy of a St. Charles man who killed his twin daughters and wounded his estranged wife before turning the gun on himself in March 2017 has been settled. Days before his death, Randy Coffland changed beneficiaries on an insurance policy from 16-year-olds Brittany and Tiffany Coffland to be split between his brother, Russell Coffland of Concord, North Carolina, and a close friend, Terry Spurgeon, of Glendale Heights. Anjum Coffland sued in August 2017, arguing her estranged husband suffered from mental illness and was not of sound mind when he made the insurance change and that she should receive the money instead.At the time, Anjum's Coffland's attorney noted it would be an "uphill battle" to win the case, which after a year of court dates and continuances, appeared headed to trial later this year.But attorneys reached a settlement in late September that gives: $250,000 to Russell Coffland; $150,000 to Anjum Coffland and $100,000 to … [Read more...] about Settlement reached in insurance dispute after St. Charles man killed twins, self

A lawsuit over the $500,000 life insurance policy of a St. Charles man who killed his twin daughters and wounded his estranged wife before turning the gun on himself in March 2017 has been settled. Days before his death, Randy Coffland changed beneficiaries on an insurance policy from 16-year-olds Brittany and Tiffany Coffland to be split between his brother, Russell Coffland of Concord, North Carolina, and a close friend, Terry Spurgeon, of Glendale Heights. Anjum Coffland sued in August 2017, arguing her estranged husband suffered from mental illness and was not of sound mind when he made the insurance change and that she should receive the money instead.At the time, Anjum's Coffland's attorney noted it would be an "uphill battle" to win the case, which after a year of court dates and continuances, appeared headed to trial later this year.But attorneys reached a settlement in late September that gives: $250,000 to Russell Coffland; $150,000 to Anjum Coffland and $100,000 to … [Read more...] about Settlement in insurance dispute for St. Charles man who killed twins, self

6 Comments By Jacquie McNish and Jacquie McNish The Wall Street Journal BiographyJacquie McNish @jacquiemcnish [email protected] David Benoit David Benoit The Wall Street Journal BiographyDavid Benoit @DaveCBenoit benoitda Google+ [email protected] Oct. 4, 2018 11:39 a.m. ET Michael Hawkins, an Ontario consultant and farmer who owns about 50 head of cattle, was looking for extra income when he started buying Canadian life-insurance policies a decade ago. What he got was an unexpected legal battle that could lead to huge losses for some of Canada’s largest financial institutions. Mr. Hawkins argues the eight insurance policies, into which he has pumped 14 million Canadian dollars (US$11 million), should continue to pay above-market interest rates for as long as he likes. Now, three publicly traded insurers dispute the terms of those policies in Canadian court, arguing that the feature of the plans on which Mr. Hawkins has capitalized wasn’t … [Read more...] about Canadian Insurers Fight Cattle Farmer’s Investment Strategy, Fearing Stampede

Christine Ferretti The Detroit News Published 7:00 p.m. UTC Aug 23, 2018 Detroit — Mayor Mike Duggan and a group of Metro Detroit residents have filed a federal lawsuit over Michigan's no-fault auto insurance law, asking the court to give the state six months to come up with a fix for the act they contend is "unconstitutional." The lawsuit, filed Thursday in U.S. District Court on behalf of Duggan and eight residents who have faced financial hardships over auto insurance premiums, alleges that the state's mandatory no-fault auto insurance system has led to "excessive" rates and “violates the constitutional rights of Michigan’s citizens." “The No-Fault Act has failed Michigan residents at every turn,” the suit contends, noting the plaintiffs are seeking a declaration that the law is unconstitutional. “The State should be given 6 months to repair the automobile insurance scheme. If that deadline is not met, the No-Fault … [Read more...] about Duggan, Metro drivers sue over no-fault insurance law

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